Question

Define working capital​

Answer 1

Answer:

The factors which are used up in production are called working capital . example :raw materials and money in hand

Answer 2

Explanation:

CAPITAL

wealth in the form of money or other assets owned by a person or organization or available for a purpose such as starting a company or investing.

WORKING CAPITAL

Working Capital: -It is also called as variable capital. It can be used only one time. It cannot be put to use for a number of times. Examples of such capital include raw materials, coal, fuel, power, lubricants, etc.